by Pivot
Tag: Consolidated Communications
Consolidated Completes Asset Sale to Private Investor
Consolidated Communications has completed the sale of its Washington assets to investment firm Palisade Infrastructure. The transaction includes approximately 9,950 data connections and 8,500 lines, according to Consolidated. The selling price was not disclosed. Consolidated…
Consolidated Expands Fidium Fiber in New Hampshire Communities
BERLIN, N.H. — April 25, 2024 — Fidium Fiber is now available to more than 7,600 homes and businesses in Berlin, Gorham, Randolph and Shelburne, N.H. With the expansion of Fidium’s future-proof all-fiber network complete, residents can now connect to…
Consolidated Slated for Broadband Buildout in NH Community with Funding From Novel State Program
Consolidated Communications’ latest public-private broadband partnership news is a bit different from some of the other public-private partnerships we’ve seen since federal legislators began making funding available for broadband buildouts during the COVID pandemic. The…
Shareholders Approve Consolidated Communications Sale to Private Investors
The U.S. is poised to see another major publicly held telecom provider become a private company now that Consolidated Communications shareholders have approved the company’s sale to Searchlight Capital Partners and British Columbia Investment Management…
Consolidated Doubles Pennsylvania Fidium Fiber Footprint
Consolidated Communications doubled the number of Fidium Fiber addresses that it reaches in Pennsylvania this year and now offers access to more than 28,000 homes and businesses in the state, the company said. The increase…
Investor Urges Shareholders Not to Approve Consolidated Communications Sale
One of Consolidated Communications’ institutional investors is encouraging other shareholders not to vote in favor of the proposed Consolidated sale to Searchlight Capital Partners LP and British Columbia Investment Management Corporation. The investor, Wildcat Capital…
Consolidated Communications To Be Acquired In $3.1B Deal
Fiber provider Consolidated Communications Holdings Inc. entered a definitive agreement to be acquired by affiliates of Searchlight Capital Partners, L.P. — which already owns about one-third of the company — and the British Columbia Investment…
Consolidated Wins Fiber Network Deal in Vermont County
Consolidated Communications will build a fiber network in Lamoille County, Vermont that will be funded, in part, through the state. Consolidated will invest almost $10 million in the network and the Lamoille FiberNet communications union…
Consolidated Launches Fiber Broadband in Texas Market
Alto, Texas — August 30, 2023 — An all-new fiber internet service is now available in the community of Alto, as Consolidated Communications has expanded its Fidium Fiber service coverage to local residents. More than 750…
Consolidated Public-Private Partnership Gets Set to Reach Vermont Broadband Milestone
Consolidated Communications expects to complete work by November 1 on a Vermont broadband deployment project funded, in part, by the state. The project is being done through a public-private partnership with the Southern Vermont (SoVT)…
CEO Touts Consolidated Broadband Funding Wins; Washington Business to be Sold
Consolidated Communications has won $160 million in broadband funding since 2019, said the company’s CEO Bob Udell on the company’s second quarter earnings call today. The company also discussed its plan to sell its operations…
CEO: Consolidated Has Won >$150M in Broadband Funding Since 2019, More in Pipeline
Consolidated Communications has won more than $150 million in broadband funding since 2019 and that funding is “a key component as we continue our expansion,” said Consolidated President and CEO Bob Udell on the company’s…
